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Prabhat Patnaik is Professor of Economics at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi, and is currently Vice-Chairman of the State Planning Board, Government of Kerala. He is the author of many books likeWhatever Happened to Imperialism and other essays, The Retreat to Unfreedom, The Value of Money and so on. He is the editor of the journal Social Scientist.